Gone are the days when all a landlord had to do to attract a quality tenant was run an ad in the local newspaper. In today's digital world, there's a lot more to it than that. Property managers in Detroit, Michigan specialize in rapid and successful tenant acquisition. An experienced property manager will:
- Utilize all the available media avenues to attract reliable tenants, which includes direct marketing, advertising, and website saturation.
- Stay on top of the communication flow from prospective renters whether by telephone, email, or other means.
- Screen applicants according to eviction history, prior criminal activity, and credit scores, saving you a lot of unnecessary trouble.
- Show your property at a time that's convenient for the interested party, but might not be convenient for you.
- Prepare a lease that conforms to all the necessary legal requirements while protecting the rights of both the tenant and property owner.
The ability to attract and retain quality tenants is essential to achieving a healthy return on your investment. Any time a property sits idle, you are losing money. That's why it's so important to screen applicants carefully, market to prospective tenants effectively, fill vacancies quickly, and reduce turnover.
There's a lot involved in this seemingly simple step, and not everyone has the time to do it. Luckily, there are qualified Detroit property management specialists who stand ready to remove the hassle from the process of finding and securing good tenants and keeping your property rented.